Mid-Year Tax Planning for Contractors
Your comprehensive guide to tax planning in an ever-evolving landscape
For contractors navigating the complexities of tax planning, staying ahead is more crucial than ever. The 2023 Mid-Year Contractor Tax Planning Checklist provides the insights and guidance needed to stay compliant, optimize tax positions and ensure you are making informed decisions.
What’s Inside:
- Capitalization of Research Expenses (R&E)
- Business Interest Deduction Limitation:
- IRS Interest Rates Impact on Underpayment:
- IRS Releases “Dirty Dozen” Tax Scams for 2023
- Depreciation
- Retirement Plan Options:
- Pass‐Through Entity Tax Environment
- Accounting Methods
- ERTC
With the continuous influence of the Inflation Reduction Act, the Tax Cut and Jobs Act and the CARES Act, we are navigating an active tax policy environment. This ever-changing backdrop demands ongoing analysis and forward-thinking strategies. The 2023 Mid-Year Contractor Tax Planning Checklist is here to guide contractor through these waters, ensuring clarity, compliance and strategic foresight.
Adams Brown is a member of CICPAC, a network of CPA firms focused on understanding and serving the construction industry.
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